Questions
The upcoming championship high school football game is a big deal in your little town. The...

The upcoming championship high school football game is a big deal in your little town. The problem is, it is being played in the next biggest town, which is two hours away! To get as many people as you can to attend the game, you decide to come up with a ride-sharing app, but you want to be sure it will be used before you put all the time in to creating it. You determine that if more than three students share a ride, on average, you will create the app.

You conduct simple random sampling of 20 students in a school with a population of 300 students to determine how many students are in each ride-share (carpool) on the way to school every day to get a good idea of who would use the app. The following data are collected:

  • 6 5 5 5 3 2 3 6 2 2
  • 5 4 3 3 4 2 5 3 4 5

You and your partner will construct a 90% confidence interval and 95% confidence interval for the mean number of students who share a ride to school, then you will compare and interpret the results.

Part A: Decide which partner will construct each confidence interval, and then state the parameter and check the conditions. (Individual work)

Part B: Construct the confidence interval. Be sure to show all your work, including the degrees of freedom, critical value, sample statistics, and an explanation of your process. (Individual work)

Part C: Interpret, share, and compare. Interpret the meaning of the confidence interval, compare your results with your partner, and describe the difference in the width of the interval and the margin of error. (Collaborative work)

Part D: Use your findings to explain whether you should develop the ride-share app for the football game.

In: Statistics and Probability

I. Explain whether each of the following events shifts the AS, LRAS, AD, both, or neither....

I. Explain whether each of the following events shifts the AS, LRAS, AD, both, or neither. For each event that does shift a curve, use a diagram to illustrate the effect on the economy.  

A. Households decide to save a larger share of their income.   

B. Florida orange groves suffer a prolonged period of below-freezing temperatures.

C. Increased job opportunities overseas cause many people to leave the country.

D. Due to higher wage growth, many domestic companies outsource their products to outside of US.

II. Monetary Policy  

For each of the event below, show the short-run effects on output, price and unemployment and explain how the Fed should adjust the money supply and interest rates to stabilize output    

A. FED increases the money supply to stimulate economy from recession.

B. FED increased the fed fund rate from 0.25 to 1.25% to fight against the potential high inflation rate.

C. Without any intervention by FED, people holds more cash and banks hold more excess reserves due to market uncertainty.

III. Fiscal Policy  

For each of the event below, show the short-run effects on output, price and unemployment and explain how the Fed should adjust the money supply and interest rates to stabilize output    

A. President Bush’s tax cut the individual income tax by $2000 per household in 2003.

B. Federal government issues the treasury bonds to finance the war in Iraq, and sell them to U.S citizens.

C. Illinois state government increases income tax for the residents in Illinois to pay for education and pension deficits.

In: Economics

IN JAVA Write a program with a method that returns an array. The method should accept...

IN JAVA

Write a program with a method that returns an array. The method should accept as input a comma-delimited string with three values from a user. The array should store each value in a different element. Use Try..Catch error handling and print any failure messages, or print success from within method if the execution is successful (see Chapter 13 in the text). Call the method from the main method of the program to demonstrate its functionality by looping through the array and printing the individual values.

In: Computer Science

a. With aid of a diagram, carefully illustrate the private and social benefits and costs to...

a. With aid of a diagram, carefully illustrate the private and social benefits and costs to education. Demonstrate that as more years of education are acquired the expected gains from education tends to increase for private individual but falls for the society as a whole. (Note: Indicate the differences in the educational preferences from the perspectives of the society and private person).

b. From (a) above, suggest some policy recommendations to governments in the developing world.

c. Discuss the following concepts population:
i. Hidden momentum of population growth rate
ii. Demographic transition

In: Economics

Solo Co. Ltd. located in Mexico City is a wholly owned subsidiary of Partner Inc., a...

Solo Co. Ltd. located in Mexico City is a wholly owned subsidiary of Partner Inc., a U.S. company. At the beginning of the year, Solo’s condensed balance sheet was reported in Mexican pesos (MXP) as follows:

Assets 3,445,000 Liabilities 2,860,000
Stockholders’ Equity 585,000


During the year, the company earned income of MXP250,000 and on November 1 declared dividends of MXP135,000. The Mexican peso is the functional currency. Relevant exchange rates between the peso and the U.S. dollar follow:

January 1 (beginning of year) $ 0.0870
Average for year 0.0900
November 1 0.0915
December 31 (end of year) 0.0930


Required:
a. Prepare a proof of the translation adjustment, assuming that the beginning credit balance of the accumulated other comprehensive income—translation adjustment account was $3,230.

In: Accounting

Strickland Corporation earned net income of $300,000 (after taxes at a rate of 40%) in 2017....

Strickland Corporation earned net income of $300,000 (after taxes at a rate of 40%) in 2017. It had 100,000 shares of common stock outstanding all year, and 50,000 shares of preferred stock, non-convertible, non-cumulative. Dividends of $20,000 were declared and paid on the preferred.

The company also had $400,000 of 10% convertible bonds (sold at par value) convertible into 16,000 shares of common stock.

The company had outstanding stock options for 5,000 shares of common stock at an exercise price of $20. The average market price during the year was $40.

Compute basic earnings per share.

Identify whether the BONDS are dilutive or anti-dilutive, showing computations to support your answer.

Compute diluted earnings per share.

In: Accounting

The articles of incorporation for Juniper Tile Ltd. Authorize the company to issue 500,000, $6 preferred...

The articles of incorporation for Juniper Tile Ltd. Authorize the company to issue 500,000, $6 preferred shares and 1,500,000 common shares. During its first year of operations, Juniper Tile Ltd. completed the following transactions:
2019
Jan 4​Issued 100,000 common shares receiving cash of $800,000.
Jan 13​Issued 6,000 preferred shares receiving cash of $80,000
Jan 14​Issued 10,000 common shares in exchange for equipment valued at $70,000
Required:
(a) Record the transactions in the general journal
(b) Prepare the shareholders equity section of Magic Systems Ltd. balance sheet at December 31. 2019 assuming the company earned $285,000 in net income during it’s first year of operations.

In: Accounting

The trial balance of Large Company, Inc. at the end of its annual accounting period is...

The trial balance of Large Company, Inc. at the end of its annual accounting period is as follows:

LARGE COMPANY, INC.

Trial Balance

December 31, 2017

Cash.......................................................................

$ 6,000

Prepaid Insurance.................................................

1,600

Supplies ...............................................................

2,100

Equipment ............................................................

20,000

Accumulated Depreciation—Equipment..............

$ 2,000

Retained Earnings ...............................................

19,000

...............................................................................

Revenue.................................................................

33,000

Salaries Expense...................................................

18,300

Rent Expense .......................................................

   6,000

______

Totals.....................................................................

$54,000

$54,000

Additional information:

  1. Expired insurance, $600.
  2. Unused supplies, per inventory, $800.
  3. Estimated depreciation, $1,000.
  4. Earned but unpaid salaries, $700

Required

  1. Prepare adjusting entries.
  2. Prepare adjusted Trial Balance
  3. Prepare an Income Statement
  4. Prepare a Retained Earnings Statement
  5. Prepare closing entries.

Prepare a post-closing trial balance

In: Accounting

2 ways us as the US could restrict the importing of services like tiktok and the...

2 ways us as the US could restrict the importing of services like tiktok and the economic implications of it

In: Economics

Simply put, is the US real estate market a primary driver in the US economy, and...

Simply put, is the US real estate market a primary driver in the US economy, and what are your thoughts as you have observed the market for the past 5 or so years?

More importantly, what is your considered opinion as you look into the future of the housing market for the next couple of years?

In: Finance